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    Reshoring and Onshoring vs. Nearshoring: How can Costa Rica “Surf” the Wave of Changes in International Trade?

    First it was the turn of nearshoring, when companies, especially from the United States, sought to move operations from Asia to closer markets where they had confidence. There Costa Rica took the lead, adding from qualified human resources to...

    Costa Rica is Generating Foreign Currency in Much Abundance, the National Goverment Confirms This

    The President of the Republic, Rodrigo Chaves, referred this past week February 12, to the abundance of dollars in Costa Rica. The Minister of Economy, Industry and Commerce (MEIC), Patricia Rojas Morales, was giving her weekly report when she...

    Costa Rica Is Among the Richest Countries In Latin America

    Last year, the renowned magazine Global Finance reported that Costa Rica is among the richest countries in Latin America, in terms of the evolution of Gross Domestic Product (GDP) per capita.We refer to data for the year 2024, which...

    Costa Rica: The New Silicon Valley

    In recent years, Costa Rica has earned the moniker "The New Silicon Valley," thanks to its burgeoning tech industry and favorable business environment. This Central American nation, known for its lush rainforests and vibrant biodiversity, is now making waves...

    Canada says it is Ready For a Trade War With the United States

    With the inauguration of the American president-elect, Donald Trump, who threatened to impose punitive tariffs on Canadian imports from the first day of his mandate, the Canadian government assured that it is prepared to retaliate against the United States.We...

    These Are the ¢500 Coins that Will Stop Circulating in Costa Rica: When and What to do With Them?

    The ¢500 coins, which are gold pieces and 33 millimeters in diameter, will lose their value as a means of payment as of July 1, 2025. This was reported by the Central Bank of Costa Rica (BCCR) this past...

    The Case for Cryptocurrency Adoption in Costa Rican Businesses: A Path to Financial Inclusivity and Growth

    The cryptocurrency boom, as evidenced by growing BTC/USDT interest over the past decade, has reshaped the financial landscape globally, and Costa Rica stands to benefit significantly from adopting this revolutionary technology. Cryptocurrencies offer businesses in Costa Rica new ways...

    2025 Outlook: Costa Rica’s Economy to Grow 3.9%

    The BN Valores stock exchange's economic outlook report for 2025 offers a view of how the economy will behave, both globally and in Costa Rica. Javier Cortés, economist and strategist at BN Valores, explains what this means and how...

    January 1st, 2025: FTA of Costa Rica with The United States Finally Comes Into Full Force By Opening Competition For Two Last Sectors

    It has been 20 years since the Central America-United States Free Trade Agreement (CAFTA) negotiations began. It has also been 17 years since Costa Rica held a referendum for its approval and 15 years since its implementation. Although all...

    Business Groups Celebrate Costa Rica’s Entry into the Pacific Alliance

    A conglomerate of 12 chambers and business groups issued a joint press release this Friday, December 13, celebrating Costa Rica's entry into the Pacific Alliance. The conglomerate, called Consejo Empresarial para la Alianza del Pacífico (CEAP) catalogued Costa Rica's...
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    Crocodiles Will Be Monitored with Drones to Count Population and their Relationship with Communities in Costa Rican Rivers

    The use of drones for monitoring crocodile populations in Costa Rica represents an important change from traditional methods: nighttime...
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